The Computer Division's operating data for the past two years are provided below:     Year 1 Year 2 Return on investment 12 24 Net operating income ? $360,000 Turnover ? 3 Margin ? ? Sales $3,200,000 ?     Computer Division's margin in Year 2 was 160% of the margin in Year 1. What is the Computer Division's Margin for Year-1?       5%     8%     150%     20%

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...
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The Computer Division's operating data for the past two years are provided below:

 

 

Year 1

Year 2

Return on investment

12

24

Net operating income

?

$360,000

Turnover

?

3

Margin

?

?

Sales

$3,200,000

?

 

 

Computer Division's margin in Year 2 was 160% of the margin in Year 1.

What is the Computer Division's Margin for Year-1?

 

   

5%

   

8%

   

150%

   

20%

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